Wednesday, September 12, 2012

Bakken News Roundup - September 12, 2012

Active rig total - 193 listPermits issued - 18list• A new article in U.S. News and World Report details the debate over the proposed northern route of the Keystone XL pipeline, which was altered recently by TransCanada...read more• Montana weekly oil report is available...read more

• A new RigZone article discusses emerging opportunities for upstream master limited partnerships due to the increased emphasis on onshore oil plays, which have become more attractive because of technology such as hydraulic fracturing and increased geopolitical risks overseas. An investment expert is quoted as saying the Bakken play is not yet mature enough to generate significant upstream MLP interest, but adds that a build out of transport infrastructure and a resolution of related pricing issues could make the space more attractive. Read more...

• Natural-gas futures on Wednesday climbed for a third day to close above $3 per million British thermal units, a new one-month high...read more